There are two types of Financial accounting Accrual Basis and Cash Basis Cash basis accounting record only those transaction which is in cash/bank. Accrual Basis accounting records every transaction that occurs in a period of time.
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Marketing Assistance: There are many marketing consultancies which offer marketing tips to the entrepreneurs. In some of the cases the marketing consultancies become partners in the business and they take care of things from the inception. Marketing research is an essential ingredient for a small buRead more
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In this method the entrepreneur starts his business with little or no funds. Most of his personal savings are employed or he may take advance orders and utilize the same money to pay the vendors. Self-funding is a lucrative and easy mode of financing but scaling up of business require outside fundsRead more
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Entrepreneurship in itself is a creative process of innovating new products, fulfilling customer expectations and filling gaps. When these entrepreneurs take up social challenges and proceed to resolve social issues through their innovative ideas, they are addressed as social entrepreneurs. Social eRead more
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Financial accounting is a process of recording, summarising, analyzing, and providing the data to its users. Financial accounting is a branch of accounting that Maintaining Systematic Records Of Transactions. Analyze and determine the financial position is also a part of financial accounting. FinancRead more